LTC/USDT – 30M – SELL

The pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline down.

A descending movement down to the next support line at 122.880000000 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 127.330000000 could be enabled.
Consider stop-loss settings accordingly.

And also a ‘StochRSI fall below 80’ indicator signal is detected. The indicator is ‘StochRSI fall below 80’. this is usually a bearish chart scenario. The pair is likely to go down.

And also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

And also a ‘Two Crows’ candle chart pattern is found. The candles show ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

127.330000000 – 126.140000000 – 123.880000000 – 122.880000000 – 122.070000000 – 118.250000000 — 52.536688251627 – 42.614397401552

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Two Crows – Double top chart pattern – –